# Bitcoin Price Action Analysis

> Bitcoin breaks key resistance levels in 4H chart.
- Title: Bitcoin Price Action Analysis · TradingView | Shortify
- Summary: Bitcoin breaks key resistance levels in 4H chart. Bitcoin has broken above resistance levels 82,621 and 84,363 on 4H chart.
- Keywords: btcusd, resistance, support, price action, smart money concepts, buy side liquidity, fair value gap, market structure, business, finance, Bitcoin, Price
- Source: TradingView — https://tradingview.com/chart/BTCUSD/jwlWBIdv-BTCUSD-4H-Analysis-SMC-Buy-Side-Liquidity-Supply-Demand
- Published: 2026-10-21T18:19:12+00:00
- Read time: 1 min
- Topics: btcusd, resistance, support, price action, smart money concepts, buy side liquidity, fair value gap, market structure, business, finance
## Market Overview
BTCUSD 4H chart shows strong bullish advance followed by rejection near upper liquidity area.
## Initial Bullish Movement
Price breaks above previous local highs with large bullish candles indicating strong upward momentum.
## Demand Zones
Green shaded areas identify historical demand zones where price previously reacted upward.
## Bullish Expansion
Rapid price movement creates fair value gaps that may become potential support areas.
## Buy-Side Liquidity
Upper price region near 87,294 marked as major resistance and potential liquidity sweep area.
## Resistance R1
82,621 marked as key resistance level where price recently traded below after moving down.
## Resistance R2
84,363 marked as secondary resistance level to monitor if price sustains above r1.
## Major Resistance
87,294 represents major resistance near upper historical highs attracting potential liquidity reactions.
## Key Support
80,295 marked as critical support level where price fluctuates above and around this region.
## Support S1
79,203 marked as next support level below key support where price may react if support breaks.
## Price Action Stages
Price moves through 12 stages from early consolidation to current consolidation near 81,879.
## Bullish Scenario
Price holds above 80,295 and breaks resistance to target 84,363 and potentially 87,294.
## Bearish Scenario
Price breaks 80,295 with decisive bearish close and fails to reclaim support.
## Risk Management
Traders must confirm levels using completed candles and avoid single level entries.
## Market Update
BTCUSD breaks above both resistance levels 82,621 and 84,363 on 4H chart.
## Next Move
Price may target major resistance at 87,294 or retest broken resistance levels.
## Key takeaway

Bitcoin has broken above resistance levels 82,621 and 84,363 on 4H chart.